EP46 Pay Paradox and Severance Negotiations Part Two

Part two focuses on severance agreement negotiations. 

Takeaways

Severance agreements are of utmost importance for city managers, providing protection and security in case of termination.

Negotiating severance agreements should consider the duration of payment and the inclusion of benefits.

Differentiating between cause and no cause in severance agreements is crucial to avoid ambiguity and potential legal disputes.

The inclusion of a clause related to the conviction of a felony in severance agreements provides clarity and protection for both parties.

The risk profile of severance agreements may vary depending on the stage of a career, with more leverage and negotiation power as experience and reputation increase.

Educating city councils on the importance of severance agreements can help ensure fair and reasonable negotiations.

Preparing for the worst and prioritizing personal and family protection in severance agreements is essential for city managers.

Resources

email [email protected] to send Warren a question about hiring, recruiting, or anything career-related.

Sumter Local Government Consulting